According to Central African Republic President Faustin-Archange Touadéra, his country’s launch of the “Sango coin” currency, as well as the call for the creation of a common digital currency by the r...
Tag: central
Philippines Central Bank to Suspend Issuing Licenses to New Virtual Asset Service Firms
The Bangko Sentral ng Pilipinas, the Central bank of the Philippines, announced on Thursday that it would close the regular application window for new virtual asset services providers (VASP) licenses ...
Central Banks can safely invest in Bitcoin with BlackRock’s Bitcoin Private Trust; says DCG Founder
Digital Currency Group CEO Barry Silbert suggests that BlackRock’s bitcoin private trust makes it easier and safer for Central Banks around the globe to invest in Bitcoin. Following the Bitcoin Privat...
Philippines Central Bank to Halt Applications for New Digital Asset Firms for 3 Years
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Nepal Rastra Bank (Central Bank) Set To Issue Digital Currency
In recent events, Nepal Rastra Bank (NRB is poised to make a significant change to its digital currency laws. Instead, the proposed amendment would alter the 2002 Act to allow the nation’s Central Ban...
Nepal’s Central Bank Set To Issue Digital Currency – crypto.news
In recent developments, Nepal is set to make an impactful amendment to its policy on digital currencies. The proposed change would see the 2002 Act amended to allow the country’s Central Bank to creat...
Thailand Plans to Tighten Crypto Oversight, Giving Central Bank More Powers to Regulate Digital Assets – Coinotizia
Thailand is reportedly preparing to amend its law on digital assets to tighten the oversight of the crypto sector and empower the Thai central bank to oversee the sector. “Right now, the central bank ...
Thailand Plans to Tighten Crypto Oversight, Giving Central Bank More Powers to Regulate Digital Assets – Regulation Bitcoin News
Thailand is reportedly preparing to amend its law on digital assets to tighten the oversight of the crypto sector and empower the Thai central bank to oversee the sector. “Right now, the central bank ...
Australian Central Bank Kicks Off Experiment Program To Explore Use Cases For Central Bank Digital Currency ⋆ ZyCrypto
Advertisement     The Australian Central Bank is joining the central bank digital currency (CBDC) bandwagon, kickstarting a “limited-scale” pilot in collaboration with...
In Crypto Law Overhaul, Thai Central To Receive More Powers
Thailand Central Bank has planned to overhaul its crypto laws to grant more powers to the central bank. Reports have suggested that the new amendments to the regulation will include Central Bank to be...
Central Bank of Thailand to Get More Powers In New Overhaul of Crypto Rules
On one hand, as Thailand prepares for the launch of its central bank digital currency (CBDC), it is simultaneously working to tighten crypto rules. The government of Thailand is looking to tighten the...
Brazilian Central Bank Head Considers Bitcoin as an Innovation in Finance
Most central banks and financial authorities openly considered cryptocurrencies bad and even termed it as a threat to traditional finance. However, there are several people among those critics of cryp...
Nepal Looks to Launch Digital Currency as Central Bank Approves Study
Central Bank Digital Currencies (CBDCs) are the latest buzz among central banks and Nepal is looking to ride the wave to create a digital version of its national currency. Nepal Rastra Bank (NRB), the...
Bitcoin Gets Praised For Its Technical Features By The Chief Of Brazil’s Central Bank
Bitcoin and its underlying technology has earned the trust and praise of some of the most notable figures in banking and finance. For instance, the director of Brazil’s central bank only has good thin...
Binance CEO And Central African Republic President Talk About Crypto Adoption – crypto.news
The CAR (Central Africa Republic) has been in the news lately. This was after the country legalized BTC as a legal tender. Since then, the African nation has also launched the Sango hub, which is stil...
Central Planning Fails Just As Much When Conservatives Are the Planners
It’s a popular narrative on the Left at the moment to say that members of the Right have an unhealthy disdain for “experts.” Washington Post columnist Catherine Rampell is a notable critic on the matt...
Binance CEO Meets Central African Republic Leader — President Touadéra Says Meeting Was a ‘Truly Remarkable Moment’ – Africa Bitcoin News
After meeting the leaders of Ivory Coast and Senegal in July, the CEO of the cryptocurrency Binance, Changpeng Zhao, revealed in a tweet that he had recently met the President of the Central African R...
Brazil central bank director terms Bitcoin a financial innovation
Fabio Araujo, the director of the Central Bank of Brazil, has praised Bitcoin’s (BTC) technological properties terming the asset as a financial innovation that has given rise to new critical products....
The Central African Republic Is Building Its Own Virtual Asset
The Central African Republic (CAR) has come a long way in the digital currency space. The nation was the second in the world to declare bitcoin legal tender within its borders, clearly following in th...
Binance’s CZ Visits The Central African Republic, Meets President Touadéra
President Faustin-Archange Touadéra received Changpeng Zhao to discuss bitcoin and crypto. The meeting of the minds happened on Friday and there’s not much public information about what actually happe...
Central Bank of Brazil Director Praises Bitcoin as a Financial Innovation, Talks Programmable Digital Real – News Bitcoin News
Fabio Araujo, Director of the Central Bank of Brazil, has praised the properties of Bitcoin, saying it is a financial innovation using new technologies. To Araujo, Bitcoin was the catalyst for what is...
Nigerian Currency Recovers Versus US Dollar — Central Bank Says Importers Must Repatriate Forex Earnings – Economics Bitcoin News
After touching a new all-time low of N710 per dollar in late July, a new report says the Nigerian currency has rebounded by as much as 10%. After initially blaming speculators, the Central Bank of Nig...
Thailand CBDC Pilot Could Commence Later This Year According to Central Bank
The Bank of Thailand said that it will begin testing its CBDC in a retail capacity later this year. It plans to test the currency for payments for goods and services, involving 10,000 retail users and...
Binance CEO meets with President of Central African Republic to discuss crypto adoption
The Central Africa Republic is still attracting the cryptocurrency world after officially declaring Bitcoin (BTC) legal tender. Since the new legislation, the country’s leaders have engaged different ...
U.K. Central Bank Forecasts Recession This Year—Joining U.S. And Eurozone With Historic Rate Hike
Topline The Bank of England on Thursday predicted that the U.K. will fall into a recession in the final quarter of this year as it announced its steepest rate hike in nearly three decades, following s...
Central Bank Approves Crypto EU Registry Inscription For RevoluGROUP Canada
– Advertisement – Canada Central Bank Has Given RevoluGROUP Its Approval For Listing On The Crypto EU Registry. The publicly traded Canadian investment company RevoluGROUP has just issue...
European Central Bank Hails CBDC ‘Holy Grail’ of Cross Border Payments
A report by the European Central Bank (ECB) has found that central bank digital currencies (CBDC) could be the “holy grail” of cross-border payments, with the potential to outperform anything else on ...
South African central bank official accused of spreading crypto misinformation
As financial institutions around the world seek ways to regulate and incorporate the cryptocurrency industry into their operations, one nation’s central bank official has been accused of spreading dam...
South African Professor Accuses Central Bank Official of Spreading Misinformation That Damages Crypto Industry – Bitcoin News
A South African professor, Steven Boykey Sidley, has branded as “balderdash” claims by the South African central bank deputy governor that “90% of cryptocurrency transactions” are illicit. The profess...
Nigerian Central Bank Told to Consider Floating the Naira, Recent Interest Rate Hike Slammed – Bitcoin News
The Central Bank of Nigeria should be discontinuing the fixed exchange rate system and let the naira freely float against the major currencies, Alhaji Aminu Gwadabe, the leader of a Nigerian associati...
European Central Bank bets on CBDCs over BTC for cross-border payments
A recent study conducted by the European Central Bank (ECB) on identifying the ultimate cross-border payment medium crowned central bank digital currencies (CBDCs) as the winner against competitors, i...